01/07/2019
ATO calls out 'reckless and false' legal privilege claims in tax avoidance cases
ATO officials told Parliament the agency is aware of particular tax advisers marketing aggressive tax planning arrangements
Legal, Regulation & Compliance
01/07/2019
Central Bank signs MoU with SEC
For consolidated risk-based supervision
01/07/2019
More than US$195.3 million defrauded from companies in Hong Kong and overseas in first 10 months of 2018
The biggest amount swindled was more than HK$100 million, which an electronics company in Spain was defrauded of
01/07/2019
The uniting powers of Northeast Asia may be a counterweight to the might of the United States of America
The crowning achievement for Sino-Japan relations would be a trade agreement between the world’s second and third-biggest economies, plus South Korea
01/07/2019
China Is Hunting for Foreign Buyers for Its Sovereign Debt
They’ve cooled on a market that in some ways is proving its worth as a diversification play.
01/07/2019
Standard Chartered STILL on the hook over Iran deals as it faces £1.2bn fine in US
StanChart will be saddled with an independent monitor until the end of March
01/03/2019
K&L Gates, Withers Seal Singapore Mergers
The newly combined outfit now has 90 lawyers in the city-state.
01/03/2019
Taiwan to Ease AML Requirements for Low Risk Clients
The remarks come after Bank of Taiwan give its clients until 28 February to update their personal information to avoid being locked out of financial services, which the FSC said was an inappropriately strict deadline.
01/03/2019
The Current Status ofAEOI CRS in Hong Kong and the known developments in 2019 And 2020
The OECD has not provided final guidance regarding RBI schemes.
01/03/2019
America’s EB-5 investor visa programme backlog it putting Chinese capital at risk
EB-5 investors fall victim to programme’s popularity as US$17 billion is up to be reinvested without clear guidelines
01/03/2019
India to get info on account holders in Swiss banks from 2019: Govt
From 2019, India will receive on automatic basis, information in respect of financial accounts held by Indian residents in Switzerland.
01/02/2019
Top Scandals That Rocked China in 2018
From disappearing movie stars to tainted vaccines, there was no shortage of controversy
01/02/2019
China’s Securities Firms Under Pressure to Consolidate
The transaction has not yet been finalised and is still subject to regulatory approval.
12/31/2018
Hong Kong SFC fines Ardon Maroon Fund Management $800,000
The SFC found that Ardon Maroon gave instructions to a brokerage to execute a cross trade for 15 million shares of a listed company on the Stock Exchange of Hong Kong on 8 August 2014, which resulted in the AM Fund conducting a wash trade.
12/31/2018
Bitcoin Trader Charged in Philippines Murder
Tomi Masters was a small-town gal swept off her feet by a California cryptocurrency mogul. Now she’s dead and he and a friend are charged.
12/28/2018
China central bank pledges prudent monetary policy and a stable yuan
Market analysts expect the PBOC to keep policy relatively loose to support China's slowing economy as it deals with trade frictions with the United States and pressure from a multi-year deleveraging campaign.
12/27/2018
Blogger Leong Sze Hian files defence and countersuit against PM Lee
PM Lee initiated legal action against Mr Leong last month, after he shared on his Facebook page part of the headline of the article from Malaysian news portal The Coverage, with a link to the full article.
12/26/2018
Thailand becomes 1st country in Southeast Asia to legalize medical marijuana
The changes, which become law when published in the Royal Gazette, legalize the production, import, export, possession and use of marijuana and kratom products for medical purposes.
12/26/2018
Expat retirees in Thailand may be forced into compulsory private health insurance
With the exception of Bangkok, Thailand’s other major cities and resort islands have been home to a high number of Western expat retirees, some of whom have been settled in the country for several decades.
12/21/2018
HKMA set to turn up the heat on bank culture in 2019
The Supervisory Measures include requiring AIs to complete and return self-assessment forms regarding their culture to the HKMA, and undertaking on-site reviews focused specifically on culture.